BANK TALK
Exploring the Finances of the Unbanked

Connect the Dots from RedGear to H&R Block

January 24th, 2012

H&R Block owns the tax preparation software company that will channel financial products to tax filers in locations through the United States this year.

RedGear Technologies, based out of Utah, is a subsidiary of H&R Block. Block acquired RedGear a few years ago. RedGear’s primary product is TaxWorks, a tax software package designed to help preparers by offering (more…)


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January 24th, 2012 14:12:41

More Discussion of Free Tax Prep at Wal-Mart

January 12th, 2012

The news that customers will be able to get free tax preparation service has prompted an intense and varied reaction among consumer advocates.

It is the variation in those reactions, from groups that often speak in lockstep with eachother, that seems so unusual. Some groups appear to acknowledge the value of (more…)


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January 12th, 2012 10:10:54

Free Tax Prep at Wal-Mart

January 10th, 2012

The nation’s largest retailer is going to do taxes for millions of people for free this year.

Wal-Mart says there will be tax preparers in 3,000 of its stores. Most of those preparers will be from Jackson Hewitt, although some will be from Block.

(more…)


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January 10th, 2012 15:27:24

Court Rejects Block Acquisition of Tax Act

November 01st, 2011

US District Court Judge Beryl Howell will support an action by the Department of Justice to deny H&R Block’s acquisition of tax preparer TaxAct.

Justice said that if Block was able to go forward with its purchase of 2ss Holdings (the parent (more…)


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November 01st, 2011 15:40:37

Block Says “No RALs in 2012″

September 13th, 2011

H&R Block confirmed that it will not offer refund anticipation loans during the 2012 tax season. Block did not have RALs last year.

New Block CEO Bill Cobb attributed the preparers willingness to go into the season without RALs to (more…)


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September 13th, 2011 10:43:04